Ann Teranishi - May 18, 2021 Form 4 Insider Report for HAWAIIAN ELECTRIC INDUSTRIES INC (HE)

Role
Pres & CEO, Amer Savings Bank
Signature
Sean K. Clark, Attorney-in-Fact for Ann Teranishi
Stock symbol
HE
Transactions as of
May 18, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 04:49 PM
Previous filing
May 17, 2021
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HE Common Stock Award $0 +3.22K +29.92% $0.00 14K May 18, 2021 Direct F1, F2
holding HE Common Stock 41.4 May 18, 2021 Eric H. Kunisaki & Ann C. Teranishi Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of 3,220 restricted stock units on May 18, 2021. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in annual installments over three years.
F2 This number includes an accrued dividend (as denominated in shares of HE common stock) from January 31, 2018 (first RSU grants in 2018) to date. Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid in HE stock. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.